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Patrick Bolton

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Patrick Bolton is a professor at Columbia Business School.

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How to Keep Central Banks Independent
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How to Keep Central Banks Independent

Jul 11, 2019 Patrick Bolton, et al. propose new measures to help monetary policymakers remain effective guardians of financial stability.

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Asia’s Multilateral Balancing Act
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Asia’s Multilateral Balancing Act

Myong-Hyun Go, et al. say the region's democracies should assert their common interests without directly confronting China.

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The Economic Consequences of Automation
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The Economic Consequences of Automation

Robert Skidelsky

Economic theory does not provide a clear answer regarding the overall impact of technological progress on jobs. And even if automation has traditionally been beneficial in the long run, policymakers should never ignore its disruptive short-term effects on workers.

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The Return of Fiscal Policy
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The Return of Fiscal Policy

Jim O'Neill thinks slowing growth and the US-China trade war will force economic policymakers to face the obvious.

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Jerome Powell’s Dilemma
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Jerome Powell’s Dilemma

Carmen M. Reinhart & Vincent Reinhart

There is a reason that the US Federal Reserve chair often has a haunted look. Probably to his deep and never-to-be-expressed frustration, the Fed is setting monetary policy in a way that increases the likelihood that President Donald Trump will be reelected next year.

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Can Direct Democracy Defeat Populism?
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Can Direct Democracy Defeat Populism?

Jan-Werner Mueller thinks the conventional wisdom about the danger of referennda has it all wrong.

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Strengthening Land Rights Will Curb Migration
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Strengthening Land Rights Will Curb Migration

Chris Jochnick blames poor farmers' weak claims to their most productive asset for persistent poverty and growing food insecurity.

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Islands of Climate Ambition
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Islands of Climate Ambition

Andrew Holness & Frank Bainimarama urge developed countries to increase support for small island states struggling to adapt to global warming.

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Brexit House of Cards
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Brexit House of Cards

Mark Malloch-Brown

Following British Prime Minister Boris Johnson's suspension of Parliament, and an appeals court ruling declaring that act unlawful, the United Kingdom finds itself in a state of political frenzy. With rational decision-making having become all but impossible, any new political agreement that emerges is likely to be both temporary and deeply flawed.

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